XML 34 R23.htm IDEA: XBRL DOCUMENT v3.8.0.1

Note 14 - Regulatory Capital

3 Months Ended

Mar. 31, 2018

Notes to Financial Statements

Regulatory Capital Requirements under Banking Regulations [Text Block]

14. Regulatory Capital

Under current capital regulations, the Bank is required to comply with

four

separate capital adequacy standards. As of

March 31, 2018,

the Bank continues to be categorized as “well-capitalized” under the prompt corrective action regulations and continues to exceed all regulatory capital requirements. In

2016,

a Capital Conservation Buffer (“CCB”) requirement became effective for banks. The CCB is designed to establish a capital range above minimum capital requirements and impose constraints on dividends, share buybacks and discretionary bonus payments when capital levels fall below prescribed levels. The minimum CCB in

2018

is

1.875%

and increases

0.625%

annually through

2019

to

2.5%.

The CCB for the Bank at

March 31, 2018

was

5.82%.

Set forth below is a summary of the Bank’s compliance with banking regulatory capital standards.

		March 31, 2018								December 31, 2017
						Percent of								Percent of
		Amount				Assets				Amount				Assets
		(Dollars in thousands)
Tier I (leverage) capital:
Capital level		$	637,091				9.92	%		$	631,285				10.11	%
Requirement to be well capitalized			321,195				5.00				312,343				5.00
Excess			315,896				4.92				318,942				5.11
Common Equity Tier I risk-based capital:
Capital level		$	637,091				13.39	%		$	631,285				13.87	%
Requirement to be well capitalized			309,368				6.50				295,937				6.50
Excess			327,723				6.89				335,348				7.37
Tier 1 risk-based capital:
Capital level		$	637,091				13.39	%		$	631,285				13.87	%
Requirement to be well capitalized			380,760				8.00				364,230				8.00
Excess			256,331				5.39				267,055				5.87
Total risk-based capital:
Capital level		$	657,633				13.82	%		$	651,636				14.31	%
Requirement to be well capitalized			475,950				10.00				455,288				10.00
Excess			181,683				3.82				196,348				4.31

The Holding Company is subject to the same regulatory capital requirements as the Bank. As of

March 31, 2018,

the Holding Company continues to be categorized as “well-capitalized” under the prompt corrective action regulations and continues to exceed all regulatory capital requirements. The CCB for the Holding Company at

March 31, 2018

was

5.95%.

Set forth below is a summary of the Holding Company’s compliance with banking regulatory capital standards.

		March 31, 2018								December 31, 2017
						Percent of								Percent of
		Amount				Assets				Amount				Assets
		(Dollars in thousands)
Tier I (leverage) capital:
Capital level		$	568,635				8.86	%		$	563,426				9.02	%
Requirement to be well capitalized			321,057				5.00				312,278				5.00
Excess			247,578				3.86				251,148				4.02
Common Equity Tier I risk-based capital:
Capital level		$	531,305				11.17	%		$	527,727				11.59	%
Requirement to be well capitalized			309,286				6.50				295,865				6.50
Excess			222,019				4.67				231,862				5.09
Tier 1 risk-based capital:
Capital level		$	568,635				11.95	%		$	563,426				12.38	%
Requirement to be well capitalized			380,660				8.00				364,141				8.00
Excess			187,975				3.95				199,285				4.38
Total risk-based capital:
Capital level		$	664,177				13.96	%		$	658,777				14.47	%
Requirement to be well capitalized			475,824				10.00				455,177				10.00
Excess			188,353				3.96				203,600				4.47

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureTextBlockAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for banks, savings institutions, and credit unions, for regulatory capital requirements imposed by the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the Office of Thrift Supervision (OTS) or for any state imposed capital requirements, as applicable. The disclosure may include (1) a description of regulatory capital requirements (a) for capital adequacy purposes and (b) established by the prompt corrective action provisions of Section 38 of the Federal Depository Insurance Act; (2) the actual or possible material effects of noncompliance with such requirements; (3) whether the entity is in compliance with the regulatory capital requirements including (a) required and actual ratios and amounts of Tier 1 leverage, Tier 1 risk-based, and total risk-based capital, tangible capital (for savings institutions), and Tier 3 capital for market risk (for certain banks and bank holding companies), (b) factors that may significantly affect capital adequacy; (4) the prompt corrective action category in which the entity was classified as of its most recent notification; (5) whether management believes any conditions or events since notification have changed the entity's category. Also may include additional information that might be disclosed in situations where substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1C
-URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958572-112826

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1D
-URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958573-112826

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958570-112826

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958569-112826

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1G
-URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958577-112826

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1F
-URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958575-112826

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1E
-URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958574-112826

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958568-112826

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1H
-URI http://asc.fasb.org/extlink&oid=84167132&loc=d3e65071-112826

+ Details

Name:	us-gaap_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration